To link to the entire object, paste this link in email, IM or documentTo embed the entire object, paste this HTML in websiteTo link to this page, paste this link in email, IM or documentTo embed this page, paste this HTML in website

Activity Review
North Carolina State
Board of Certified Public
Accountant Examiners
1101 Oberlin Rd., Ste. 104 • PO Box 12827 • Raleigh, NC 27605 • 919-733-4222 • www.nccpaboard.gov • No. 12-2010
In This Issue...
2011 Board Calendar ........................ 7
Board Office Closed ........................... 3
Board Milestone: Phyllis Elliott ....... 5
Certificates Issued ............................. 5
Changes in Exam Times, Fees .......... 4
Disciplinary Actions ......................... 2
Disciplinary Actions Resulting
from CPE Audit ............................. 4
Do You Have Your PTIN? ................ 6
FAQs about the PTIN
Requirement ....................................... 6
Reclassifications ................................ 3
December 31, 2010, is the deadline for
submitting 2011 CPA firm renewal and
peer review compliance information to
the Board.
In November, the Board notified all
registered CPA firms that each firm must
renew its registration and provide peer
review compliance information (if ap-plicable)
online through the Board’s web
site, www.nccpaboard.gov.
For additional information regard-ing
the online firm renewal/peer review
compliance process, please see the No-vember
issue of the Activity Review.
If a CPA firm fails to comply with
any part of 21 NCAC 08J, Renewals and
Registrations, or 21 NCAC 08M, Peer Re-view
Program, the Board may take disci-plinary
action against the CPA firm’s
members as specified in 21 NCAC
08J. 0111 and 21 NCAC 08M .0106.
Such action may include a condi-tional
license, civil penalty, and suspen-sion
of each CPA firm member’s CPA
certificate.
December 31 is also the date by
which active CPAs must complete the
annual CPE requirement to be eligible
for certificate renewal for the 2011-2012
license period.
As part of the annual CPE require-ment,
active licensees must complete at
least eight (8) hours of non-self-study
CPE each year.
All active licensees must also com-plete
a Board-approved two-hour group-study
ethics course or a Board-approved
four-hour self-study ethics course.
Important December Deadlines
A non-resident licensee may sat-isfy
the ethics CPE requirement by com-pleting
the ethics requirement in the
jurisdiction in which he or she is li-censed
and works or resides.
If there is no ethics CPE require-ment
in the jurisdiction in which the
individual is licensed and resides or
works, he or she must complete one of
the Board’s approved ethics CPE
courses.
A list of Board-approved ethics
CPE courses is available on the Board’s
website, www.nccpaboard.gov.
If a CPA fails to complete the CPE
requirement on or before December 31,
2010, but completes the required CPE by
June 30, 2011, the Board may issue a
Letter of Warning to the licensee for the
first such failure within a five (5) calen-dar
year period.
For the second such failure within a
five (5) calendar year period, the Board
may deny the renewal of the CPA’s cer-tificate
for a period of not less than 30
days and until the CPA meets the rein-statement
requirements set forth in
21 NCAC 08J .0106 .
If you have questions about firm
renewal, peer review compliance, or the
CPE requirement, please contact
Cammie Emery by e-mail at
cemery@nccpaboard.gov or by phone
at (919) 733-1423. You may also contact
Buck Winslow by e-mail at
buckw@nccpaboard.gov or by phone at
(919) 733-1421.
Check Your CPE
Carryforward Online
Need to know how many
carryforward CPE hours you have?
To verify your CPE hours, use the
“Licensee Search” function of the
website (www.nccpaboard.gov) to
search for yourself using your name,
certificate number, or Social Security
number.
After your record is displayed,
click on the “details” link. The num-ber
of CPE carryforward hours will
be displayed below your address and
telephone number.
If there is a discrepancy in the
number of carryforward hours,
please contact Cammie Emery by e-mail
at cemery@nccpaboard.gov or
by phone at (919) 733-1423.
Nathan D. Benn, #34311
Matthews, NC 11/22/2010
THIS CAUSE coming before the Board
on November 22, 2010, at its offices at
1101 Oberlin Road, Raleigh, Wake
County, North Carolina, with a quorum
present, the Board finds, based on the
clear and convincing evidence
presented, that:
Findings of Facts
1. Nathan D. Benn (hereinafter
“Mr. Benn”) is the holder of a certificate
as a Certified Public Accountant in North
Carolina and is therefore subject to the
provisions of Chapter 93 of the North
Carolina General Statutes (NCGS) and
Title 21, Chapter 08 of the North Carolina
Administrative Code (NCAC),
including the Rules of Professional
Ethics and Conduct promulgated and
adopted therein by the Board.
2. Mr. Benn failed to timely file the annual
firm registration in accordance with
provisions as required by NCGS 93-
12(7b) and 21 NCAC 08J .0108(b) and
(g), and 08N .0213.
3. Mr. Benn subsequently completed his
firm registration, which was received
by the Board on April 29, 2010, in excess
of 60 days, but not more than 120 days,
from the annual firm registration date.
Conclusions of Law
1. Mr. Benn’s failure to timely file the
annual firm registration or inform the
Board as to the status of his firm’s
registration prior to the prescribed filing
date is a violation of NCGS 93-12(7b)
and 21 NCAC 08J .0108(b) and (g), and
08N .0213.
BASED ON THE FOREGOING, the Board
orders that:
1. Mr. Benn shall pay a one hundred
dollar ($100.00) civil penalty.
W. Douglas Karriker, #27626
Harrisburg, NC 11/22/2010
THIS CAUSE coming before the Board
on November 22, 2010, at its offices at
1101 Oberlin Road, Raleigh, Wake
County, North Carolina, with a quorum
present, the Board finds, based on the
clear and convincing evidence
presented, that:
Findings of Fact
1. W. Douglas Karriker (hereinafter
2
Disciplinary Actions
Kimberly O. Branch, #31551
Winterville, NC 11/22/2010
THIS CAUSE coming before the Board
on November 22, 2010, at its offices at
1101 Oberlin Road, Raleigh, Wake
County, North Carolina, with a quorum
present, the Board finds, based on the
Timothy K. McDaniel, #14589
Gastonia, NC 11/22/2010
THIS CAUSE coming before the Board
on November 22, 2010, at its offices at
1101 Oberlin Road, Raleigh, Wake
County, North Carolina, with a quorum
present, the Board finds, based on the
clear and convincing evidence
presented, that:
Findings of Fact
1. Timothy K. McDaniel (hereinafter
“Mr. McDaniel”) is the holder of a
certificate as a Certified Public
Accountant in North Carolina and is
therefore subject to the provisions of
Chapter 93 of the North Carolina General
Statutes (NCGS) and Title 21,
clear and convincing evidence
presented, that:
Findings of Fact
1. Kimberly O. Branch (hereinafter
“Ms. Branch”) is the holder of a certificate
as a Certified Public Accountant in North
Carolina and is therefore subject to the
provisions of Chapter 93 of the North
Carolina General Statutes (NCGS) and
Title 21, Chapter 08 of the North Carolina
Administrative Code (NCAC),
including the Rules of Professional
Ethics and Conduct promulgated and
adopted therein by the Board.
2. Ms. Branch failed to timely file the
annual firm registration in accordance
with provisions as required by NCGS
93-12(7b) and 21 NCAC 08J .0108(b)
and (g) and 08N .0213.
3. Ms. Branch subsequently cancelled
her firm registration, which was
received by the Board on April 13, 2010,
in excess of 60 days, but not more than
120 days, from the annual firm
registration date.
CONCLUSIONS OF LAW
1. Ms. Branch’s failure to timely file the
annual firm registration or inform the
Board as to the status of her firm’s
registration prior to the prescribed filing
date is a violation of NCGS 93-12(7b)
and 21 NCAC 08J .0108(b) and (g) and
08N .0213.
BASED ON THE FOREGOING, the Board
orders that:
1. Ms. Branch shall pay a one hundred
dollar ($100.00) civil penalty.
“Mr. Karriker”) is the holder of a
certificate as a Certified Public
Accountant in North Carolina and is
therefore subject to the provisions of
Chapter 93 of the North Carolina General
Statutes (NCGS) and Title 21, Chapter
08 of the North Carolina Administrative
Code (NCAC), including the Rules of
Professional Ethics and Conduct
promulgated and adopted therein by
the Board.
2. Mr. Karriker failed to timely file the
annual firm registration in accordance
with provisions as required by
NCGS 93-12(7b) and 21 NCAC 08J
.0108(b) and (g), and 08N .0213.
3. Mr. Karriker subsequently completed
his firm registration, which was received
by the Board on May 14, 2010, in excess
of 60 days, but not more than 120 days,
from the annual firm registration date
Conclusions of Law
1. Mr. Karriker’s failure to timely file the
annual firm registration or inform the
Board as to the status of his firm’s
registration prior to the prescribed filing
date is a violation of NCGS 93-12(7b)
and 21 NCAC 08J .0108(b) and (g), and
08N .0213.
BASED ON THE FOREGOING, the Board
orders that:
1. Mr. Karriker shall pay a one hundred
dollar ($100.00) civil penalty.
3
Chapter 08 of the North Carolina
Administrative Code (NCAC),
including the Rules of Professional
Ethics and Conduct promulgated and
adopted therein by the Board.
2. Mr. McDaniel failed to timely file the
annual firm registration in accordance
with provisions as required by
NCGS 93-12(7b) and 21 NCAC 08J
.0108(b) and (g), and 08N .0213.
3. Mr. McDaniel subsequently cancelled
his firm registration, which was received
by the Board on April 30, 2010, in excess
of 60 days but not more than 120 days
from the annual firm registration date.
Conclusions of Law
1. Mr. McDaniel’s failure to timely file
the annual firm registration or inform
the Board as to the status of his firm’s
registration prior to the prescribed filing
date is a violation of NCGS 93-12(7b)
and 21 NCAC 08J .0108(b) and (g), and
08N .0213.
BASED ON THE FOREGOING, the Board
orders that:
1. Mr. McDaniel shall pay a one hundred
dollar ($100.00) civil penalty.
David L. Willis, #34147
Orlando, FL 11/22/2010
THIS CAUSE coming before the Board
on November 22, 2010, at its offices at
1101 Oberlin Road, Raleigh, Wake
County, North Carolina, with a quorum
present, the Board finds, based on the
clear and convincing evidence
presented, that:
Findings of Fact
1. David L. Willis (hereinafter
“Mr. Willis”) is the holder of a certificate
as a Certified Public Accountant in North
Carolina and is therefore subject to the
provisions of Chapter 93 of the North
Carolina General Statutes (NCGS) and
Title 21, Chapter 08 of the North Carolina
Administrative Code (NCAC),
including the Rules of Professional
Ethics and Conduct promulgated and
adopted therein by the Board.
2. Mr. Willis failed to timely file the
annual firm registration in accordance
with provisions as required by
NCGS 93-12(7b) and 21 NCAC 08J
.0108(b) and (g) and 08N .0213.
3. Mr. Willis subsequently provided the
dissolution document of his
Professional Corporation filed with the
Office of the Secretary of State, which
was received by the Board on April 15,
2010, in excess of 60 days, but not more
than 120 days, from the annual firm
registration date.
Conclusions of Law
1. Mr. Willis’ failure to timely file the
annual firm registration or inform the
Board as to the status of his firm’s
registration prior to the prescribed filing
date is a violation of NCGS 93-12(7b)
and 21 NCAC 08J .0108(b) and (g), and
08N .0213.
BASED ON THE FOREGOING, the Board
orders that:
1. Mr. Willis shall pay a one hundred
dollar ($100.00) civil penalty.
Reinstatement
11/22/10 Kimberley Clegg Beecher, #34449 Charlotte, NC
11/22/10 Robert Gaines Conner, Jr., #24986 Stanley, NC
11/22/10 Sherri Hagar, #26762 Arlington, TX
11/22/10 Anna Good Orr, #16198 Dunwoody, GA
11/22/10 Julie Riden Petersen, #26323 Advance, NC
11/22/10 Renée Phillips, #28591 Owings Mills, MD
11/22/10 Alexander Todd Schwarz, #19953 Greensboro, NC
11/22/10 Marion Holloway Simmons, #29652 Tampa, FL
11/22/10 Gary L. Williams, #18092 LaGrange, KY
Reissuance
11/22/10 Denise Frigon Linehan, #23885 Cedar Grove, NC
11/22/10 Michael Howard Lippman, #13596 Potomac, MD
11/22/10 Jason Michael Meggs, #28435 Marietta, GA
Retired Status
“Retired,” when used to refer to the status of a person, describes one possessing
a North Carolina certificate of qualification who verifies to the Board that the
applicant does not receive or intend to receive in the future any earned compen-sation
for current personal services in any job whatsoever and will not return to
active status. However, retired status does not preclude volunteer services for
which the retired CPA receives no direct or indirect compensation so long as the
retired CPA does not sign any documents, related to such services, as a CPA
[21 NCAC 08A .0301(b)(33)].
11/22/10 Robert Joseph Capettini, #12135 San Diego, CA
11/22/10 William R. Gooden, #4330 Mooresville, NC
11/22/10 Joseph Karl Grimm, #11269 Durham, NC
11/22/10 Margaret McGuire, #16051 Mount Airy, NC
Reclassifications
Follow Us on Twitter
twitter.com/NCCPABoard
Like Us on Facebook
facebook.com/NCCPABoard
Board Office Closed
In accordance with the holiday sched-ule
adopted by the State of North
Carolina, the Board office will be
closed on the following dates:
December 24 & 27, 2010
Christmas
December 31, 2010
New Years Day
January 17, 2011
Martin Luther King, Jr. Day
4
The following matters are excerpted from Consent Orders issued by the Board in response to the findings of the Continuing
Professional Education (CPE) audit. To view the full text of the Consent Order, use the licensee search on the website
(www.nccpaboard.gov) to look up the licensee’s record, click on the “Details” link, then click on the “View” link under the
heading, “Public Documents.”
Disciplinary Actions Resulting from CPE Audit
Glenn M. Fisher, #16633
Hickory, NC 11/22/2010
The Board opened a case against
Glenn M. Fisher (Respondent Fisher)
for failure to complete at least eight (8)
hours of non-self-study CPE as required
for renewal of his North Carolina CPA
license.
Respondent Fisher signed a Con-sent
Order in which he accepted 1) the
denial of the renewal of his license;
2) the forfeiture, for at least one year, of
his license; and 3) the imposition of a
$1,000 civil penalty.
Respondent Fisher may apply for
reissuance of his North Carolina CPA
license by complying with the terms set
forth in the Consent Order.
Failure to timely comply with the
terms of the Consent Order will be suf-ficient
grounds to revoke Respondent
Fisher’s North Carolina CPA license.
Geoffrey N. Kirby, #16205
Wilmington, NC 11/22/2010
The Board opened a case against
Geoffrey N. Kirby (Respondent Kirby)
for failure to complete a Board-approved
ethics CPE course as required for re-newal
of his North Carolina CPA li-cense.
Respondent Kirby signed a Con-sent
Order in which he accepted 1) the
denial of the renewal of his license;
2) the forfeiture, for at least 90 days, of his
license; and 3) the imposition of a $1,000
civil penalty.
Respondent Kirby may apply for
reissuance of his North Carolina CPA
license by complying with the terms set
forth in the Consent Order.
Failure to timely comply with the
terms of the Consent Order will be suffi-cient
grounds to revoke Respondent
Kirby’s North Carolina CPA license.
Michelle M. Loncar, #20750
Charlotte, NC 11/22/2010
The Board opened a case against
Michelle M. Loncar (Respondent
Loncar) for failure to complete sufficient
CPE, including a Board-approved eth-ics
CPE course and at least eight (8)
hours of non-self-study CPE, as required
for renewal of her North Carolina CPA
license.
Respondent Loncar signed a Con-sent
Order in which she accepted 1) the
denial of the renewal of her license;
2) the forfeiture, for at least two (2) years,
of her license; and 3) the imposition of a
$2,000 civil penalty.
Respondent Loncar may apply for
reissuance of her North Carolina CPA
license by complying with the terms set
forth in the Consent Order.
Failure to timely comply with the
terms of the Consent Order will be suf-ficient
grounds to revoke Respondent
Loncar’s North Carolina CPA license.
Changes in Exam Section Testing Times, Fees
On January 1, 2011, testing times for the Auditing and Attestation (AUD) and
Business Environment and Concepts (BEC) sections of the Uniform CPA Exami-nation
will change.
Testing time for the AUD section will be shortened by a half hour to four
hours and testing time for the BEC section will be increased by a half hour to three
hours. Testing times for the Financial Accounting and Reporting (FAR) and
Regulation (REG) sections will remain the same as before at four and three hours,
respectively. The total testing time for all sections of the Exam remains un-changed
at 14 hours.
The chart below shows the revised fee schedule:
Administrative Fees
Initial Applicant $230.00 (no change)
Re-exam Applicant $75.00 (no change)
Exam Section Fees
Auditing & Attestation (AUDIT) $207.15 (decrease)
Financial Accounting & Reporting (FAR) $207.15 (no change)
Regulation (REG) $185.10 (no change)
Business Environments & Concepts (BEC) $185.10 (increase)
Moved or Changed
Jobs? Let Us Know!
21 NCAC 08J .0107 requires all lic-ensees
and firms to notify the Board
in writing within 30 days of any
change in address (including tele-phone
number or e-mail address) or
business location.
Licensees and firms may make
address changes using the “Address
Update” link on the Board’s web site,
www.nccpaboard.gov, or may sub-mit
address changes by fax, e-mail,
or US mail.
Exam candidates must submit
address changes by fax, e-mail, or US
mail.
E-mail your address change to
addresschange@nccpaboard.gov;
fax your address change to (919) 733-
4209; or mail your address change to
PO Box 12827, Raleigh, NC 27605.
5
Certificates Issued
At its November 22, 2010, meeting, the Board approved the following applicants for licensure:
Thomas James Aherne
Scott Andrew Anstrom
Maurice Wayne Atkinson, II
Allan Robert Autry
Nicholas Grant Baker
Cecil Ainsworth Baldwin, III
Sharon L. Ballard
Awaaz Baksh
Andrew Wayne Barker
Edward Elliott Barker, Jr.
Maryia Philippovna Barros
Megan Lee Beatty
Jordan Diane Bloodworth
Marcus Faulcon Bowen
Cecil Yarbrough Bradley, III
Matthew Wayne Braswell
Amy Louise Broderick
Andrew Michael Brothers
Derick Michael Brumley
Emily Pressley Byerly
Alison Nicole Cannon
Lauren Marie Caratura
Christian Yngve Cederholm
Kelly Jean Ciffin
Dana Marie Cipollini
Wendy Marie Clarke
Rick Francis Cohan
Megan Caroline Copple
Robert Dempsey Corbett
Emily Amanda Cox
Jonathan Lee Cozzens
Laura Beth Craver
Ian O. Davies
Ashutosh V. Deshmukh
Brandon William DiStefano
Leah Parrott Englebright
Rachel Louise Farmer
Catherine Crosby FitzGerald
Megan Marley Fleiner
David Morris Furr
Kevin Matthew Fusick
Casey Lane Gardner
Nicholas John Gavalas
Melissa Katheryn Gibbons
Shaunti Marie Harvey
Kaitlyn Elizabeth Herman
Lawrence George Hillebrand, III
Bradley Thomas Hocking
Mallory Brown Hoidal
Diana L. Jansen
Wolfgang Kueng
Allen Roy Landel, II
Kristen Marie Lewis
Katherine Debra List
Michael Jabriel Maalik-UL-Mulk
John Frederick Maas
Kevin Thomas Manning
Joey Emmanuel Marsh
Jeremy Wayne Maxwell
Laurie Jeanne Mendoza
Ann Veronica Meyer
Lane Paige Miller
Milind Nagarsheth
Alexander Nguyen
Jack Alexander Nichols
Joseph Onofrio Noto
Morgan Ashley Pace
Ilona Woisch Page
Richard Steven Pfeffer Jr.
Eric Michael Redner
Charles Harcum Roberts
Michelle Davis Roberts
Andrew Robert Rosenberg
Jeffrey David T. Seremak
Alisha A. Sewell
Amber Michelle Smith
Heather Darlene Sommer
Brett Paul Sowell
Christine Olsen Sowell
William Fred Staton
Toni Mari Thereault
Judith Gethen Villella
Kari Lyn Warlick
David Merritt Whittington
Alison Gray Wille
Daryl Jeffrey Williams
Andrew Timothy Wright
Melissa Ann Young
Board Milestone: Phyllis Elliott Celebrates 25 Years with the Board
When Phyllis Elliott joined the Board
staff in December 1985, the Uniform
CPA Exam was a pencil-and-paper
exam administered each May and No-vember.
Twenty-five years later, the Exam is
a computer-based test offered year-round.
With significant changes coming
to the Exam in January, you might think
that the Board’s Exam Specialist would
be stressed out by all the changes and the
questions candidates have about those
changes, but she’s not.
“I don’t get stressed out about work.
I know I have a job to do and I do it,” she
said.
Her calm, cool, and collected de-meanor
enables the Apex, NC, native to
handle all aspects of processing Exam
applications and score notice distribu-tion
without missing a beat.
That laid-back attitude comes in
handy outside of the office, too--in addi-tion
to keeping up with her six grandchil-dren,
Phyllis is an accomplished bowler
who travels across the country for tour-naments.
Phyllis has the awesome task of
making all the travel arrangements not
only for herself and her husband , Jerome,
but also for all the members of her bowl-ing
teams.
“It takes up a lot of time making all the
travel plans, but I enjoy doing it,” explains
Phyllis. “My calendar is always full!”
When she is not at work, bowling, or
spending time with her family and friends,
Phyllis enjoys volunteering with the Se-nior
Games of North Carolina, reading,
and traveling.
“The office would not be the same
without Phyllis, “said Bob Brooks, the
Board’s Executive Director. “She is an
important part of the staff. Plus, no one
makes deviled eggs like Phyllis.”
Thanks for all you do, Phyllis, and
congratulations on 25 years of service
with the Board.
6
Do You Have Your
PTIN?
New regulations require all paid
tax return preparers (including at-torneys,
CPAs, and enrolled agents)
to apply for a Preparer Tax Identi-fication
Number (PTIN)—even if
you already have one—before pre-paring
any federal tax returns in
2011.
You can apply online for your
PTIN in four easy steps:
1. Create a new PTIN account
using the online PTIN sign-up sys-tem
(https://rpr.irs.gov). This ac-count
is different from e-Services.
2. Complete the online PTIN
application. You will need to pro-vide
some personal information,
including information about your
previous year’s tax return and pro-fessional
credentials. Be sure to
review the IRS checklist of what
you need before you get started.
3. Pay the $64.25 user fee via
credit card or direct debit.
4. Get your PTIN. Review the
welcome letter you receive to un-derstand
your future obligations.
Keep your PTIN and account infor-mation
in a safe place for future
reference.
According to the IRS, it only
takes about 15 minutes to sign up
online and receive your PTIN. If
you opt to use the paper applica-tion,
Form W-12, IRS Paid Preparer
Tax Identification Number (PTIN)
Application, it will take 4-6 weeks to
process.
Frequently Asked Questions about
the New PTIN Requirement
Information courtesy of the Internal
Revenue Service, www.irs.gov.
1. Who needs a Preparer Tax Identification
Number (PTIN)? All tax return preparers
who are compensated for preparing, or
assisting in the preparation of, all or
substantially all of a US federal tax return
or claim for refund must obtain a PTIN.
2. I already have a PTIN. Do I need to take
any action this year? Yes. All federal tax
return preparers, even those who already
have a PTIN, will need to register in the
new system now available. All preparers
will need to be registered on the new
system and have a PTIN prior to filing
any return after Dec. 31, 2010. As long as
the IRS can validate the ownership of
the existing PTIN, the same number will
be reassigned once the appropriate
information is provided and the user fee
is paid.
3. Can multiple individuals or one office
share one PTIN? No, a PTIN is an
individual preparer’s number. Each
preparer must obtain his or her own
PTIN.
4. Can one individual obtain multiple
PTINs? No, an individual may only
obtain one PTIN.
5. If I don’t obtain (or renew) a PTIN by
January 1, 2011, can I still prepare returns?
Yes, but only after you sign up through
the new online registration system, pay
the fee, and obtain (or renew) a PTIN.
6. I am a tax return preparer, and I have a
PTIN. My firm employs a bookkeeper. She
gathers client receipts and invoices, and
organizes and records all information for
me. Although I use the information that our
bookkeeper has compiled, I prepare my clients’
tax returns and make all substantive
determinations that go into computing the
tax liability. Does my bookkeeper need to
have a PTIN? No, she is not a tax return
preparer, and is not required to have a
PTIN.
7. I am a tax return preparer, and I have a
PTIN. Every tax filing season I hire two
paid interns from the accounting program
at a local college to help me during the busy
season. The interns perform data entry from
the tax organizer that my clients fill out, and
assemble the documentation that the clients
have submitted. Where clients have
submitted incomplete information, or more
information is needed, the interns may call
clients to gather information missing from
the tax organizer, but they are not allowed
to provide advice or answer tax law questions.
I prepare and sign all my clients’ returns.
Do my interns need to have a PTIN? No, the
interns are not tax return preparers, and
are not required to have a PTIN.
8. I am a tax return preparer, and I have a
PTIN. I have an administrative assistant in
the office who also performs data entry
during tax filing season. At times, clients
call and provide him with information,
which he records in the system. Using the
data he has entered, I meet with my clients
and provide advice as needed. I then prepare
and sign their returns. Is my administrative
assistant required to have a PTIN? No, the
administrative assistant is not a tax
return preparer, and is not required to
have a PTIN.
9. I run a small tax return preparation
business that is heavily software-based. I
employ four associates who sit with
taxpayers and walk through a step-by-step
software program that uses an “interview”
process that results in a draft tax return. I
check and sign the returns, and I have a
PTIN. Do my four associates need to have a
PTIN? You will need to perform
additional analysis to determine
whether your four associates must have
a PTIN. The answer depends on the
specific circumstances of your firm.
In general, if individuals prepare all
or substantially all of a tax return,
including making determinations
that affect tax liability, they must have
a PTIN.
For more information about the
PTIN requirements as well as
information about the e-file mandate,
visit the IRS website, www.irs.gov, and
click on the “Tax Professionals” link.
Have a Comment or
Question?
Do you have a comment or question
about information published in the
Activity Review? Do you have a sug-gestion
for an article?
We welcome your comments and
suggestions; drop us a line by e-mail
at lhearne@nccpaboard.gov or
rbrooks@nccpaboard.gov.
7
January 17 – Office Closed - Dr. Martin Luther King, Jr., Day
January 24 – Board Meeting - Raleigh
January 31 – Final Deadline for Firm Renewal & Peer Review
Compliance Info
February 21 – Board Meeting - Raleigh
March – Online Certificate Renewal Available
March 23 – Board Meeting - Raleigh
April 22 – Office Closed - Good Friday
April 26 – Board Meeting - Raleigh
May 26 – Board Meeting - Raleigh
May 30 – Office Closed - Memorial Day
June 22 – Board Meeting - Greensboro
June 30 – Certificate Renewal Deadline
July 4 – Office Closed - Independence Day
July 25 – Board Meeting - Raleigh
July 30 – Final Certificate Renewal Deadline
August 22 – Board Meeting - Raleigh
September 5 – Office Closed - Labor Day
September 19 – Board Meeting - Raleigh
October 20 – Board Meeting - Raleigh
November - Online Firm Renewal/Peer Review Compliance Available
November 11 – Office Closed - Veterans’ Day
November 21 – Board Meeting - Raleigh
November 24-25 – Office Closed - Thanksgiving
December 19 – Board Meeting - Raleigh
December 26 & 27 – Office Closed - Christmas
December 31 – Firm Renewal/Peer Review Compliance Info Due
2011 Board Calendar
(dates and locations subject to change)
Certificate No. Send Mail to Home Business
New Home Address
City State Zip
CPA Firm/Business Name
New Bus. Address
City State Zip
Telephone: Bus. ( ) Home ( )
Bus. Fax ( ) E-mail Address
Certificate Holder
Last Name Jr./III First Middle
North Carolina State Board of
Certified Public Accountant Examiners
PO Box 12827
Raleigh NC 27605-2827
PRSRT STD
US Postage PAID
Greensboro, NC
Permit No. 393
23,000 copies of this document were printed for this agency at a cost of $3,196.00 or approximately $.138 per copy in December 2010.
Notice of Address Change
Signature Date
Mail to: PO Box 12827 Fax to: 919-733-4209
Raleigh, NC 27605-2827
State Board of
CPA Examiners
Board Members
Michael C. Jordan, CPA
President, Goldsboro
Jose R. Rodriguez, CPA
Vice President, Winston-Salem
Maria M. Lynch, Esq.
Secretary-Treasurer, Raleigh
Barton W. Baldwin, CPA
Member, Mount Olive
Wm. Hunter Cook, CPA
Member, Charlotte
Bucky Glover, CPA
Member, Monroe
Jordan C. Harris, Jr.
Member, Statesville
Staff
Executive Director
Robert N. Brooks
Deputy Director
J. Michael Barham, CPA
Legal Counsel
Noel L. Allen, Esq.
Administrative Services
Felecia F. Ashe
Vanessia L. Willett
Communications
Lisa R. Hearne, Manager
Examinations
Phyllis W. Elliott
Licensing
Buck Winslow, Manager
Alice G. Steckenrider
Cammie Emery
Professional Standards
Ann J. Hinkle, Manager
Mary Beth Britt
Paulette Martin
Pursuant to 21 NCAC 08J .0107, all certificate holders and CPA firms must notify the Board in
writing within 30 days of any change in address or business location.

Activity Review
North Carolina State
Board of Certified Public
Accountant Examiners
1101 Oberlin Rd., Ste. 104 • PO Box 12827 • Raleigh, NC 27605 • 919-733-4222 • www.nccpaboard.gov • No. 12-2010
In This Issue...
2011 Board Calendar ........................ 7
Board Office Closed ........................... 3
Board Milestone: Phyllis Elliott ....... 5
Certificates Issued ............................. 5
Changes in Exam Times, Fees .......... 4
Disciplinary Actions ......................... 2
Disciplinary Actions Resulting
from CPE Audit ............................. 4
Do You Have Your PTIN? ................ 6
FAQs about the PTIN
Requirement ....................................... 6
Reclassifications ................................ 3
December 31, 2010, is the deadline for
submitting 2011 CPA firm renewal and
peer review compliance information to
the Board.
In November, the Board notified all
registered CPA firms that each firm must
renew its registration and provide peer
review compliance information (if ap-plicable)
online through the Board’s web
site, www.nccpaboard.gov.
For additional information regard-ing
the online firm renewal/peer review
compliance process, please see the No-vember
issue of the Activity Review.
If a CPA firm fails to comply with
any part of 21 NCAC 08J, Renewals and
Registrations, or 21 NCAC 08M, Peer Re-view
Program, the Board may take disci-plinary
action against the CPA firm’s
members as specified in 21 NCAC
08J. 0111 and 21 NCAC 08M .0106.
Such action may include a condi-tional
license, civil penalty, and suspen-sion
of each CPA firm member’s CPA
certificate.
December 31 is also the date by
which active CPAs must complete the
annual CPE requirement to be eligible
for certificate renewal for the 2011-2012
license period.
As part of the annual CPE require-ment,
active licensees must complete at
least eight (8) hours of non-self-study
CPE each year.
All active licensees must also com-plete
a Board-approved two-hour group-study
ethics course or a Board-approved
four-hour self-study ethics course.
Important December Deadlines
A non-resident licensee may sat-isfy
the ethics CPE requirement by com-pleting
the ethics requirement in the
jurisdiction in which he or she is li-censed
and works or resides.
If there is no ethics CPE require-ment
in the jurisdiction in which the
individual is licensed and resides or
works, he or she must complete one of
the Board’s approved ethics CPE
courses.
A list of Board-approved ethics
CPE courses is available on the Board’s
website, www.nccpaboard.gov.
If a CPA fails to complete the CPE
requirement on or before December 31,
2010, but completes the required CPE by
June 30, 2011, the Board may issue a
Letter of Warning to the licensee for the
first such failure within a five (5) calen-dar
year period.
For the second such failure within a
five (5) calendar year period, the Board
may deny the renewal of the CPA’s cer-tificate
for a period of not less than 30
days and until the CPA meets the rein-statement
requirements set forth in
21 NCAC 08J .0106 .
If you have questions about firm
renewal, peer review compliance, or the
CPE requirement, please contact
Cammie Emery by e-mail at
cemery@nccpaboard.gov or by phone
at (919) 733-1423. You may also contact
Buck Winslow by e-mail at
buckw@nccpaboard.gov or by phone at
(919) 733-1421.
Check Your CPE
Carryforward Online
Need to know how many
carryforward CPE hours you have?
To verify your CPE hours, use the
“Licensee Search” function of the
website (www.nccpaboard.gov) to
search for yourself using your name,
certificate number, or Social Security
number.
After your record is displayed,
click on the “details” link. The num-ber
of CPE carryforward hours will
be displayed below your address and
telephone number.
If there is a discrepancy in the
number of carryforward hours,
please contact Cammie Emery by e-mail
at cemery@nccpaboard.gov or
by phone at (919) 733-1423.
Nathan D. Benn, #34311
Matthews, NC 11/22/2010
THIS CAUSE coming before the Board
on November 22, 2010, at its offices at
1101 Oberlin Road, Raleigh, Wake
County, North Carolina, with a quorum
present, the Board finds, based on the
clear and convincing evidence
presented, that:
Findings of Facts
1. Nathan D. Benn (hereinafter
“Mr. Benn”) is the holder of a certificate
as a Certified Public Accountant in North
Carolina and is therefore subject to the
provisions of Chapter 93 of the North
Carolina General Statutes (NCGS) and
Title 21, Chapter 08 of the North Carolina
Administrative Code (NCAC),
including the Rules of Professional
Ethics and Conduct promulgated and
adopted therein by the Board.
2. Mr. Benn failed to timely file the annual
firm registration in accordance with
provisions as required by NCGS 93-
12(7b) and 21 NCAC 08J .0108(b) and
(g), and 08N .0213.
3. Mr. Benn subsequently completed his
firm registration, which was received
by the Board on April 29, 2010, in excess
of 60 days, but not more than 120 days,
from the annual firm registration date.
Conclusions of Law
1. Mr. Benn’s failure to timely file the
annual firm registration or inform the
Board as to the status of his firm’s
registration prior to the prescribed filing
date is a violation of NCGS 93-12(7b)
and 21 NCAC 08J .0108(b) and (g), and
08N .0213.
BASED ON THE FOREGOING, the Board
orders that:
1. Mr. Benn shall pay a one hundred
dollar ($100.00) civil penalty.
W. Douglas Karriker, #27626
Harrisburg, NC 11/22/2010
THIS CAUSE coming before the Board
on November 22, 2010, at its offices at
1101 Oberlin Road, Raleigh, Wake
County, North Carolina, with a quorum
present, the Board finds, based on the
clear and convincing evidence
presented, that:
Findings of Fact
1. W. Douglas Karriker (hereinafter
2
Disciplinary Actions
Kimberly O. Branch, #31551
Winterville, NC 11/22/2010
THIS CAUSE coming before the Board
on November 22, 2010, at its offices at
1101 Oberlin Road, Raleigh, Wake
County, North Carolina, with a quorum
present, the Board finds, based on the
Timothy K. McDaniel, #14589
Gastonia, NC 11/22/2010
THIS CAUSE coming before the Board
on November 22, 2010, at its offices at
1101 Oberlin Road, Raleigh, Wake
County, North Carolina, with a quorum
present, the Board finds, based on the
clear and convincing evidence
presented, that:
Findings of Fact
1. Timothy K. McDaniel (hereinafter
“Mr. McDaniel”) is the holder of a
certificate as a Certified Public
Accountant in North Carolina and is
therefore subject to the provisions of
Chapter 93 of the North Carolina General
Statutes (NCGS) and Title 21,
clear and convincing evidence
presented, that:
Findings of Fact
1. Kimberly O. Branch (hereinafter
“Ms. Branch”) is the holder of a certificate
as a Certified Public Accountant in North
Carolina and is therefore subject to the
provisions of Chapter 93 of the North
Carolina General Statutes (NCGS) and
Title 21, Chapter 08 of the North Carolina
Administrative Code (NCAC),
including the Rules of Professional
Ethics and Conduct promulgated and
adopted therein by the Board.
2. Ms. Branch failed to timely file the
annual firm registration in accordance
with provisions as required by NCGS
93-12(7b) and 21 NCAC 08J .0108(b)
and (g) and 08N .0213.
3. Ms. Branch subsequently cancelled
her firm registration, which was
received by the Board on April 13, 2010,
in excess of 60 days, but not more than
120 days, from the annual firm
registration date.
CONCLUSIONS OF LAW
1. Ms. Branch’s failure to timely file the
annual firm registration or inform the
Board as to the status of her firm’s
registration prior to the prescribed filing
date is a violation of NCGS 93-12(7b)
and 21 NCAC 08J .0108(b) and (g) and
08N .0213.
BASED ON THE FOREGOING, the Board
orders that:
1. Ms. Branch shall pay a one hundred
dollar ($100.00) civil penalty.
“Mr. Karriker”) is the holder of a
certificate as a Certified Public
Accountant in North Carolina and is
therefore subject to the provisions of
Chapter 93 of the North Carolina General
Statutes (NCGS) and Title 21, Chapter
08 of the North Carolina Administrative
Code (NCAC), including the Rules of
Professional Ethics and Conduct
promulgated and adopted therein by
the Board.
2. Mr. Karriker failed to timely file the
annual firm registration in accordance
with provisions as required by
NCGS 93-12(7b) and 21 NCAC 08J
.0108(b) and (g), and 08N .0213.
3. Mr. Karriker subsequently completed
his firm registration, which was received
by the Board on May 14, 2010, in excess
of 60 days, but not more than 120 days,
from the annual firm registration date
Conclusions of Law
1. Mr. Karriker’s failure to timely file the
annual firm registration or inform the
Board as to the status of his firm’s
registration prior to the prescribed filing
date is a violation of NCGS 93-12(7b)
and 21 NCAC 08J .0108(b) and (g), and
08N .0213.
BASED ON THE FOREGOING, the Board
orders that:
1. Mr. Karriker shall pay a one hundred
dollar ($100.00) civil penalty.
3
Chapter 08 of the North Carolina
Administrative Code (NCAC),
including the Rules of Professional
Ethics and Conduct promulgated and
adopted therein by the Board.
2. Mr. McDaniel failed to timely file the
annual firm registration in accordance
with provisions as required by
NCGS 93-12(7b) and 21 NCAC 08J
.0108(b) and (g), and 08N .0213.
3. Mr. McDaniel subsequently cancelled
his firm registration, which was received
by the Board on April 30, 2010, in excess
of 60 days but not more than 120 days
from the annual firm registration date.
Conclusions of Law
1. Mr. McDaniel’s failure to timely file
the annual firm registration or inform
the Board as to the status of his firm’s
registration prior to the prescribed filing
date is a violation of NCGS 93-12(7b)
and 21 NCAC 08J .0108(b) and (g), and
08N .0213.
BASED ON THE FOREGOING, the Board
orders that:
1. Mr. McDaniel shall pay a one hundred
dollar ($100.00) civil penalty.
David L. Willis, #34147
Orlando, FL 11/22/2010
THIS CAUSE coming before the Board
on November 22, 2010, at its offices at
1101 Oberlin Road, Raleigh, Wake
County, North Carolina, with a quorum
present, the Board finds, based on the
clear and convincing evidence
presented, that:
Findings of Fact
1. David L. Willis (hereinafter
“Mr. Willis”) is the holder of a certificate
as a Certified Public Accountant in North
Carolina and is therefore subject to the
provisions of Chapter 93 of the North
Carolina General Statutes (NCGS) and
Title 21, Chapter 08 of the North Carolina
Administrative Code (NCAC),
including the Rules of Professional
Ethics and Conduct promulgated and
adopted therein by the Board.
2. Mr. Willis failed to timely file the
annual firm registration in accordance
with provisions as required by
NCGS 93-12(7b) and 21 NCAC 08J
.0108(b) and (g) and 08N .0213.
3. Mr. Willis subsequently provided the
dissolution document of his
Professional Corporation filed with the
Office of the Secretary of State, which
was received by the Board on April 15,
2010, in excess of 60 days, but not more
than 120 days, from the annual firm
registration date.
Conclusions of Law
1. Mr. Willis’ failure to timely file the
annual firm registration or inform the
Board as to the status of his firm’s
registration prior to the prescribed filing
date is a violation of NCGS 93-12(7b)
and 21 NCAC 08J .0108(b) and (g), and
08N .0213.
BASED ON THE FOREGOING, the Board
orders that:
1. Mr. Willis shall pay a one hundred
dollar ($100.00) civil penalty.
Reinstatement
11/22/10 Kimberley Clegg Beecher, #34449 Charlotte, NC
11/22/10 Robert Gaines Conner, Jr., #24986 Stanley, NC
11/22/10 Sherri Hagar, #26762 Arlington, TX
11/22/10 Anna Good Orr, #16198 Dunwoody, GA
11/22/10 Julie Riden Petersen, #26323 Advance, NC
11/22/10 Renée Phillips, #28591 Owings Mills, MD
11/22/10 Alexander Todd Schwarz, #19953 Greensboro, NC
11/22/10 Marion Holloway Simmons, #29652 Tampa, FL
11/22/10 Gary L. Williams, #18092 LaGrange, KY
Reissuance
11/22/10 Denise Frigon Linehan, #23885 Cedar Grove, NC
11/22/10 Michael Howard Lippman, #13596 Potomac, MD
11/22/10 Jason Michael Meggs, #28435 Marietta, GA
Retired Status
“Retired,” when used to refer to the status of a person, describes one possessing
a North Carolina certificate of qualification who verifies to the Board that the
applicant does not receive or intend to receive in the future any earned compen-sation
for current personal services in any job whatsoever and will not return to
active status. However, retired status does not preclude volunteer services for
which the retired CPA receives no direct or indirect compensation so long as the
retired CPA does not sign any documents, related to such services, as a CPA
[21 NCAC 08A .0301(b)(33)].
11/22/10 Robert Joseph Capettini, #12135 San Diego, CA
11/22/10 William R. Gooden, #4330 Mooresville, NC
11/22/10 Joseph Karl Grimm, #11269 Durham, NC
11/22/10 Margaret McGuire, #16051 Mount Airy, NC
Reclassifications
Follow Us on Twitter
twitter.com/NCCPABoard
Like Us on Facebook
facebook.com/NCCPABoard
Board Office Closed
In accordance with the holiday sched-ule
adopted by the State of North
Carolina, the Board office will be
closed on the following dates:
December 24 & 27, 2010
Christmas
December 31, 2010
New Years Day
January 17, 2011
Martin Luther King, Jr. Day
4
The following matters are excerpted from Consent Orders issued by the Board in response to the findings of the Continuing
Professional Education (CPE) audit. To view the full text of the Consent Order, use the licensee search on the website
(www.nccpaboard.gov) to look up the licensee’s record, click on the “Details” link, then click on the “View” link under the
heading, “Public Documents.”
Disciplinary Actions Resulting from CPE Audit
Glenn M. Fisher, #16633
Hickory, NC 11/22/2010
The Board opened a case against
Glenn M. Fisher (Respondent Fisher)
for failure to complete at least eight (8)
hours of non-self-study CPE as required
for renewal of his North Carolina CPA
license.
Respondent Fisher signed a Con-sent
Order in which he accepted 1) the
denial of the renewal of his license;
2) the forfeiture, for at least one year, of
his license; and 3) the imposition of a
$1,000 civil penalty.
Respondent Fisher may apply for
reissuance of his North Carolina CPA
license by complying with the terms set
forth in the Consent Order.
Failure to timely comply with the
terms of the Consent Order will be suf-ficient
grounds to revoke Respondent
Fisher’s North Carolina CPA license.
Geoffrey N. Kirby, #16205
Wilmington, NC 11/22/2010
The Board opened a case against
Geoffrey N. Kirby (Respondent Kirby)
for failure to complete a Board-approved
ethics CPE course as required for re-newal
of his North Carolina CPA li-cense.
Respondent Kirby signed a Con-sent
Order in which he accepted 1) the
denial of the renewal of his license;
2) the forfeiture, for at least 90 days, of his
license; and 3) the imposition of a $1,000
civil penalty.
Respondent Kirby may apply for
reissuance of his North Carolina CPA
license by complying with the terms set
forth in the Consent Order.
Failure to timely comply with the
terms of the Consent Order will be suffi-cient
grounds to revoke Respondent
Kirby’s North Carolina CPA license.
Michelle M. Loncar, #20750
Charlotte, NC 11/22/2010
The Board opened a case against
Michelle M. Loncar (Respondent
Loncar) for failure to complete sufficient
CPE, including a Board-approved eth-ics
CPE course and at least eight (8)
hours of non-self-study CPE, as required
for renewal of her North Carolina CPA
license.
Respondent Loncar signed a Con-sent
Order in which she accepted 1) the
denial of the renewal of her license;
2) the forfeiture, for at least two (2) years,
of her license; and 3) the imposition of a
$2,000 civil penalty.
Respondent Loncar may apply for
reissuance of her North Carolina CPA
license by complying with the terms set
forth in the Consent Order.
Failure to timely comply with the
terms of the Consent Order will be suf-ficient
grounds to revoke Respondent
Loncar’s North Carolina CPA license.
Changes in Exam Section Testing Times, Fees
On January 1, 2011, testing times for the Auditing and Attestation (AUD) and
Business Environment and Concepts (BEC) sections of the Uniform CPA Exami-nation
will change.
Testing time for the AUD section will be shortened by a half hour to four
hours and testing time for the BEC section will be increased by a half hour to three
hours. Testing times for the Financial Accounting and Reporting (FAR) and
Regulation (REG) sections will remain the same as before at four and three hours,
respectively. The total testing time for all sections of the Exam remains un-changed
at 14 hours.
The chart below shows the revised fee schedule:
Administrative Fees
Initial Applicant $230.00 (no change)
Re-exam Applicant $75.00 (no change)
Exam Section Fees
Auditing & Attestation (AUDIT) $207.15 (decrease)
Financial Accounting & Reporting (FAR) $207.15 (no change)
Regulation (REG) $185.10 (no change)
Business Environments & Concepts (BEC) $185.10 (increase)
Moved or Changed
Jobs? Let Us Know!
21 NCAC 08J .0107 requires all lic-ensees
and firms to notify the Board
in writing within 30 days of any
change in address (including tele-phone
number or e-mail address) or
business location.
Licensees and firms may make
address changes using the “Address
Update” link on the Board’s web site,
www.nccpaboard.gov, or may sub-mit
address changes by fax, e-mail,
or US mail.
Exam candidates must submit
address changes by fax, e-mail, or US
mail.
E-mail your address change to
addresschange@nccpaboard.gov;
fax your address change to (919) 733-
4209; or mail your address change to
PO Box 12827, Raleigh, NC 27605.
5
Certificates Issued
At its November 22, 2010, meeting, the Board approved the following applicants for licensure:
Thomas James Aherne
Scott Andrew Anstrom
Maurice Wayne Atkinson, II
Allan Robert Autry
Nicholas Grant Baker
Cecil Ainsworth Baldwin, III
Sharon L. Ballard
Awaaz Baksh
Andrew Wayne Barker
Edward Elliott Barker, Jr.
Maryia Philippovna Barros
Megan Lee Beatty
Jordan Diane Bloodworth
Marcus Faulcon Bowen
Cecil Yarbrough Bradley, III
Matthew Wayne Braswell
Amy Louise Broderick
Andrew Michael Brothers
Derick Michael Brumley
Emily Pressley Byerly
Alison Nicole Cannon
Lauren Marie Caratura
Christian Yngve Cederholm
Kelly Jean Ciffin
Dana Marie Cipollini
Wendy Marie Clarke
Rick Francis Cohan
Megan Caroline Copple
Robert Dempsey Corbett
Emily Amanda Cox
Jonathan Lee Cozzens
Laura Beth Craver
Ian O. Davies
Ashutosh V. Deshmukh
Brandon William DiStefano
Leah Parrott Englebright
Rachel Louise Farmer
Catherine Crosby FitzGerald
Megan Marley Fleiner
David Morris Furr
Kevin Matthew Fusick
Casey Lane Gardner
Nicholas John Gavalas
Melissa Katheryn Gibbons
Shaunti Marie Harvey
Kaitlyn Elizabeth Herman
Lawrence George Hillebrand, III
Bradley Thomas Hocking
Mallory Brown Hoidal
Diana L. Jansen
Wolfgang Kueng
Allen Roy Landel, II
Kristen Marie Lewis
Katherine Debra List
Michael Jabriel Maalik-UL-Mulk
John Frederick Maas
Kevin Thomas Manning
Joey Emmanuel Marsh
Jeremy Wayne Maxwell
Laurie Jeanne Mendoza
Ann Veronica Meyer
Lane Paige Miller
Milind Nagarsheth
Alexander Nguyen
Jack Alexander Nichols
Joseph Onofrio Noto
Morgan Ashley Pace
Ilona Woisch Page
Richard Steven Pfeffer Jr.
Eric Michael Redner
Charles Harcum Roberts
Michelle Davis Roberts
Andrew Robert Rosenberg
Jeffrey David T. Seremak
Alisha A. Sewell
Amber Michelle Smith
Heather Darlene Sommer
Brett Paul Sowell
Christine Olsen Sowell
William Fred Staton
Toni Mari Thereault
Judith Gethen Villella
Kari Lyn Warlick
David Merritt Whittington
Alison Gray Wille
Daryl Jeffrey Williams
Andrew Timothy Wright
Melissa Ann Young
Board Milestone: Phyllis Elliott Celebrates 25 Years with the Board
When Phyllis Elliott joined the Board
staff in December 1985, the Uniform
CPA Exam was a pencil-and-paper
exam administered each May and No-vember.
Twenty-five years later, the Exam is
a computer-based test offered year-round.
With significant changes coming
to the Exam in January, you might think
that the Board’s Exam Specialist would
be stressed out by all the changes and the
questions candidates have about those
changes, but she’s not.
“I don’t get stressed out about work.
I know I have a job to do and I do it,” she
said.
Her calm, cool, and collected de-meanor
enables the Apex, NC, native to
handle all aspects of processing Exam
applications and score notice distribu-tion
without missing a beat.
That laid-back attitude comes in
handy outside of the office, too--in addi-tion
to keeping up with her six grandchil-dren,
Phyllis is an accomplished bowler
who travels across the country for tour-naments.
Phyllis has the awesome task of
making all the travel arrangements not
only for herself and her husband , Jerome,
but also for all the members of her bowl-ing
teams.
“It takes up a lot of time making all the
travel plans, but I enjoy doing it,” explains
Phyllis. “My calendar is always full!”
When she is not at work, bowling, or
spending time with her family and friends,
Phyllis enjoys volunteering with the Se-nior
Games of North Carolina, reading,
and traveling.
“The office would not be the same
without Phyllis, “said Bob Brooks, the
Board’s Executive Director. “She is an
important part of the staff. Plus, no one
makes deviled eggs like Phyllis.”
Thanks for all you do, Phyllis, and
congratulations on 25 years of service
with the Board.
6
Do You Have Your
PTIN?
New regulations require all paid
tax return preparers (including at-torneys,
CPAs, and enrolled agents)
to apply for a Preparer Tax Identi-fication
Number (PTIN)—even if
you already have one—before pre-paring
any federal tax returns in
2011.
You can apply online for your
PTIN in four easy steps:
1. Create a new PTIN account
using the online PTIN sign-up sys-tem
(https://rpr.irs.gov). This ac-count
is different from e-Services.
2. Complete the online PTIN
application. You will need to pro-vide
some personal information,
including information about your
previous year’s tax return and pro-fessional
credentials. Be sure to
review the IRS checklist of what
you need before you get started.
3. Pay the $64.25 user fee via
credit card or direct debit.
4. Get your PTIN. Review the
welcome letter you receive to un-derstand
your future obligations.
Keep your PTIN and account infor-mation
in a safe place for future
reference.
According to the IRS, it only
takes about 15 minutes to sign up
online and receive your PTIN. If
you opt to use the paper applica-tion,
Form W-12, IRS Paid Preparer
Tax Identification Number (PTIN)
Application, it will take 4-6 weeks to
process.
Frequently Asked Questions about
the New PTIN Requirement
Information courtesy of the Internal
Revenue Service, www.irs.gov.
1. Who needs a Preparer Tax Identification
Number (PTIN)? All tax return preparers
who are compensated for preparing, or
assisting in the preparation of, all or
substantially all of a US federal tax return
or claim for refund must obtain a PTIN.
2. I already have a PTIN. Do I need to take
any action this year? Yes. All federal tax
return preparers, even those who already
have a PTIN, will need to register in the
new system now available. All preparers
will need to be registered on the new
system and have a PTIN prior to filing
any return after Dec. 31, 2010. As long as
the IRS can validate the ownership of
the existing PTIN, the same number will
be reassigned once the appropriate
information is provided and the user fee
is paid.
3. Can multiple individuals or one office
share one PTIN? No, a PTIN is an
individual preparer’s number. Each
preparer must obtain his or her own
PTIN.
4. Can one individual obtain multiple
PTINs? No, an individual may only
obtain one PTIN.
5. If I don’t obtain (or renew) a PTIN by
January 1, 2011, can I still prepare returns?
Yes, but only after you sign up through
the new online registration system, pay
the fee, and obtain (or renew) a PTIN.
6. I am a tax return preparer, and I have a
PTIN. My firm employs a bookkeeper. She
gathers client receipts and invoices, and
organizes and records all information for
me. Although I use the information that our
bookkeeper has compiled, I prepare my clients’
tax returns and make all substantive
determinations that go into computing the
tax liability. Does my bookkeeper need to
have a PTIN? No, she is not a tax return
preparer, and is not required to have a
PTIN.
7. I am a tax return preparer, and I have a
PTIN. Every tax filing season I hire two
paid interns from the accounting program
at a local college to help me during the busy
season. The interns perform data entry from
the tax organizer that my clients fill out, and
assemble the documentation that the clients
have submitted. Where clients have
submitted incomplete information, or more
information is needed, the interns may call
clients to gather information missing from
the tax organizer, but they are not allowed
to provide advice or answer tax law questions.
I prepare and sign all my clients’ returns.
Do my interns need to have a PTIN? No, the
interns are not tax return preparers, and
are not required to have a PTIN.
8. I am a tax return preparer, and I have a
PTIN. I have an administrative assistant in
the office who also performs data entry
during tax filing season. At times, clients
call and provide him with information,
which he records in the system. Using the
data he has entered, I meet with my clients
and provide advice as needed. I then prepare
and sign their returns. Is my administrative
assistant required to have a PTIN? No, the
administrative assistant is not a tax
return preparer, and is not required to
have a PTIN.
9. I run a small tax return preparation
business that is heavily software-based. I
employ four associates who sit with
taxpayers and walk through a step-by-step
software program that uses an “interview”
process that results in a draft tax return. I
check and sign the returns, and I have a
PTIN. Do my four associates need to have a
PTIN? You will need to perform
additional analysis to determine
whether your four associates must have
a PTIN. The answer depends on the
specific circumstances of your firm.
In general, if individuals prepare all
or substantially all of a tax return,
including making determinations
that affect tax liability, they must have
a PTIN.
For more information about the
PTIN requirements as well as
information about the e-file mandate,
visit the IRS website, www.irs.gov, and
click on the “Tax Professionals” link.
Have a Comment or
Question?
Do you have a comment or question
about information published in the
Activity Review? Do you have a sug-gestion
for an article?
We welcome your comments and
suggestions; drop us a line by e-mail
at lhearne@nccpaboard.gov or
rbrooks@nccpaboard.gov.
7
January 17 – Office Closed - Dr. Martin Luther King, Jr., Day
January 24 – Board Meeting - Raleigh
January 31 – Final Deadline for Firm Renewal & Peer Review
Compliance Info
February 21 – Board Meeting - Raleigh
March – Online Certificate Renewal Available
March 23 – Board Meeting - Raleigh
April 22 – Office Closed - Good Friday
April 26 – Board Meeting - Raleigh
May 26 – Board Meeting - Raleigh
May 30 – Office Closed - Memorial Day
June 22 – Board Meeting - Greensboro
June 30 – Certificate Renewal Deadline
July 4 – Office Closed - Independence Day
July 25 – Board Meeting - Raleigh
July 30 – Final Certificate Renewal Deadline
August 22 – Board Meeting - Raleigh
September 5 – Office Closed - Labor Day
September 19 – Board Meeting - Raleigh
October 20 – Board Meeting - Raleigh
November - Online Firm Renewal/Peer Review Compliance Available
November 11 – Office Closed - Veterans’ Day
November 21 – Board Meeting - Raleigh
November 24-25 – Office Closed - Thanksgiving
December 19 – Board Meeting - Raleigh
December 26 & 27 – Office Closed - Christmas
December 31 – Firm Renewal/Peer Review Compliance Info Due
2011 Board Calendar
(dates and locations subject to change)
Certificate No. Send Mail to Home Business
New Home Address
City State Zip
CPA Firm/Business Name
New Bus. Address
City State Zip
Telephone: Bus. ( ) Home ( )
Bus. Fax ( ) E-mail Address
Certificate Holder
Last Name Jr./III First Middle
North Carolina State Board of
Certified Public Accountant Examiners
PO Box 12827
Raleigh NC 27605-2827
PRSRT STD
US Postage PAID
Greensboro, NC
Permit No. 393
23,000 copies of this document were printed for this agency at a cost of $3,196.00 or approximately $.138 per copy in December 2010.
Notice of Address Change
Signature Date
Mail to: PO Box 12827 Fax to: 919-733-4209
Raleigh, NC 27605-2827
State Board of
CPA Examiners
Board Members
Michael C. Jordan, CPA
President, Goldsboro
Jose R. Rodriguez, CPA
Vice President, Winston-Salem
Maria M. Lynch, Esq.
Secretary-Treasurer, Raleigh
Barton W. Baldwin, CPA
Member, Mount Olive
Wm. Hunter Cook, CPA
Member, Charlotte
Bucky Glover, CPA
Member, Monroe
Jordan C. Harris, Jr.
Member, Statesville
Staff
Executive Director
Robert N. Brooks
Deputy Director
J. Michael Barham, CPA
Legal Counsel
Noel L. Allen, Esq.
Administrative Services
Felecia F. Ashe
Vanessia L. Willett
Communications
Lisa R. Hearne, Manager
Examinations
Phyllis W. Elliott
Licensing
Buck Winslow, Manager
Alice G. Steckenrider
Cammie Emery
Professional Standards
Ann J. Hinkle, Manager
Mary Beth Britt
Paulette Martin
Pursuant to 21 NCAC 08J .0107, all certificate holders and CPA firms must notify the Board in
writing within 30 days of any change in address or business location.